Multiple Choice
Which of the following is a true statement regarding an investment in short-term debt instruments?
A) The instruments usually do not pay interest.
B) They are often made when the company has surplus cash on hand.
C) This type of investment is never traded in the securities market.
D) A chequing account is a type of short-term debt investment.
Correct Answer:
Verified
Correct Answer:
Verified
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